Yes, six days of oil. It would be a lot easier to understand if Sarah Palin was making the argument in favor of drilling there, but Obama? What is he thinking? The White House continues to make it difficult to want to support them when they throw out junk like this time after time. As I said yesterday, the GOP won't bend on anything and won't like this so why bother infuriating Democrats like this? Big Oil is delighted though, so I guess he can count on their votes, right?
Mike Ward, executive director of the Virginia Petroleum Council, part of a national group that represents 400 companies, said several companies have expressed interest in working off Virginia's coast.
"All you have to do is look at how much interest is in the Gulf of Mexico," Ward said. "This is a new frontier."
The last study of the Atlantic Ocean by the federal government, conducted two decades ago, estimates that at least 130 million barrels of oil and at least 1.14 trillion cubic feet of natural gas could be off Virginia's coast. That's equal to the amount of oil used in six days and the amount of gas used in less than a month in the United States.
